816 Pavonia Avenue

816 Pavonia Avenue

Jersey City, NJ 07306

$1,509,000
Price
8
Beds
3
Baths
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per Sq. Ft.
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a bathroom with a sink mirror and toilet
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Description

Welcome to 816 Pavonia, a newly renovated 3 story 2 family property located in the prime JSQ area within redevelopment zone 4, as well as opportunity zone, and at a 6 minute walk to Journal Square Path. This fully rented two family home features 8 Bedrooms, 3 Kitchen, 3 Full Bathrooms including a fully finished Basement. Three electric & gas meters, three separate boilers/water heaters, three-zoned furnace, and window AC in all rooms. Non-historic, no known environmental issues, 25' x 100' lot, offering...Welcome to 816 Pavonia, a newly renovated 3 story 2 family property located in the prime JSQ area within redevelopment zone 4, as well as opportunity zone, and at a 6 minute walk to Journal Square Path. This fully rented two family home features 8 Bedrooms, 3 Kitchen, 3 Full Bathrooms including a fully finished Basement. Three electric & gas meters, three separate boilers/water heaters, three-zoned furnace, and window AC in all rooms. Non-historic, no known environmental issues, 25' x 100' lot, offering huge opportunity for a new development of individual condominiums or 8 – 9 rental units on a 4 story new construction building. Pavonia Ave is surrounded by 20+ story tower buildings, some under construction and some recently approved by the planning board. Over 1200 units planned and approved on 808 Pavonia coming right behind the property. Huge potential for our developers/investors looking to turn this into a luxury single family home with home office while overseeing their neighboring development projects. Owner occupants, move into one of the units in this turn key property while collecting rent from the other unit. For Cash Flow investors, sub-metered property is fully rented with pro-forma rents of $99,600 in gross annual income and NOI of approx. $87,000 and 5.7% CAP. Be a part of this hustle bustle before it turns into Midtown of Jersey City!
  1. Listed by MINNI CHALANA • EXP REALTY LLC

Property Details for 816 Pavonia Avenue

Architectural Style
Multi-Level
Type Of Parking
None
Area
JC, Journal Square
Heating & Cooling
Hot Air, A/C Window

Location

Listing Courtesy of EXP REALTY LLC, MINNI CHALANA
Add your commute
LISTING UPDATED: 04/19/2024 02:38 PM

Property Details for 816 Pavonia Avenue

StatusActive
MLS #240006990
Days on Market19
Taxes$11,236 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2 FAMILY / 2 Family
Year Built-
Lot Size0.06 AC / 2,500 SF
CountyHudson County

Location

Listing Courtesy of EXP REALTY LLC, MINNI CHALANA
Add your commute

Building Information for 816 Pavonia Avenue

Stories-Residences-Year Built-Building Size-Lot Size0.06 AC / 2,500 SF

Payment Calculator

$9,172 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,235

Property Taxes

$936

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 816 Pavonia Avenue

Summary
Location and General Information
  • Address: 816 PAVONIA AVE
  • Address Number: 816
  • Address Search Number: 816
  • Between: Pavonia Ave and Tonnele Ave
  • Section: Journal Square
  • Street Name: PAVONIA AVE
  • City Name: JC, Journal Square
  • County Or Parish: Hudson
Taxes and HOA Information
  • LVT Date: 04-16-2024
  • Tax ID: 37090
  • Tax Year: 2022
  • Taxes: $11,236
Property
Lot Information
  • Block: 09404
  • Lot: 30
  • Lot Dimensions: 25' X 100'
Property and Assessments
  • Associated Document Count: 1
  • Charge: Y
Interior and Exterior Features
Exterior Features
  • Exterior: Brick
Interior Features
  • Basement Description: Finished, Full, Walk-Out
  • Basement Bedrooms: 1
  • Basement Full Baths: 1
  • Basement Kitchens: 1
  • Basement Living Rooms: 1
  • Basement Rent: 1400
  • Fl1 Rooms: 5
  • Fl2 Rooms: 6
  • Fl3 Rooms: 0
  • Fl4 Rooms: 0
  • Floor 1 Bedrooms: 3
  • Floor 1 Full Baths: 1
  • Floor 1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1750
  • Floor 2 Bedrooms: 4
  • Floor 2 Full Baths: 1
  • Floor 2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 3800
  • Liberty Lockbox Y/N: No
  • Total Dining Rooms: 0
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • Total Other Rooms: 0
  • Num of Baths: 3
  • Half Baths Total: 0
  • Full Baths Total: 3
  • Num Full Baths: 3
  • Num Half Baths: 0
  • Bedrooms Total: 8
  • Bedrooms Count: 8

Property History for 816 Pavonia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 816 Pavonia Avenue

Taxable ValueLand$292,500Additions$238,000Total$530,500
Tax Record2022$11,236 ($936 / month)
Home Facts
Total Finished SqFt1,958 SqFtAbove Grade Finished SqFt1,958 SqFtStories2Lot Size2,500 SqFtStyleDuplexYear Built1861ZoningC-1CountyHUDSONAPN06 09404-0000-00030

Schools near 816 Pavonia Avenue

This home is within Jersey City Public School District.
Rating
School
Type
Grades
Distance
Mahatma K. Gandhi School
Public - PK to 8
William L. Dickinson High School
Public - 9 to 12
James J. Ferris High School
Public - 9 to 12
Dr. Ronald Mc Nair Academy High School
Public - 9 to 12
Rating
School
Distance
Mahatma K. Gandhi School
PublicPK to 8

William L. Dickinson High School
Public9 to 12

James J. Ferris High School
Public9 to 12

Dr. Ronald Mc Nair Academy High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 816 Pavonia Avenue, Jersey City, NJ 07306

816 Pavonia Avenue is a multi-family home for sale in Jersey City, NJ 07306. This property was listed for sale on April 16, 2024 by EXP REALTY LLC, it's currently listed at $1,509,000. It has been on the market for a total of 19 days and was last sold on July 13, 2022. This listing's school district is Jersey City Public School District. Nearby schools include Mahatma K. Gandhi School, William L. Dickinson High School and James J. Ferris High School. 816 Pavonia Avenue is a 8-bed, 3-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP REALTY LLC, MINNI CHALANA

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 05/05/2024 04:48 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.